State of New Jersey Common Pension Fund D Increases Stock Holdings in Strategy Inc $MSTR

State of New Jersey Common Pension Fund D raised its holdings in Strategy Inc (NASDAQ:MSTR) by 9.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 91,165 shares of the software maker’s stock after buying an additional 7,714 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Strategy were worth $29,374,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Pilgrim Partners Asia Pte Ltd acquired a new stake in Strategy in the 3rd quarter worth approximately $32,000. Quent Capital LLC acquired a new stake in shares of Strategy during the third quarter worth $33,000. Binnacle Investments Inc grew its stake in Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares during the last quarter. SOA Wealth Advisors LLC. increased its holdings in shares of Strategy by 44.4% in the third quarter. SOA Wealth Advisors LLC. now owns 117 shares of the software maker’s stock valued at $38,000 after purchasing an additional 36 shares during the period. Finally, Salomon & Ludwin LLC purchased a new position in shares of Strategy in the third quarter worth about $39,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the topic of several research reports. HC Wainwright reiterated a “buy” rating on shares of Strategy in a report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Strategy in a research note on Thursday, January 15th. Truist Financial set a $268.00 target price on shares of Strategy in a research report on Friday, January 9th. Mizuho reduced their price objective on Strategy from $484.00 to $403.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Finally, Citigroup lowered their target price on Strategy from $485.00 to $325.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $374.14.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bitcoin rebound and a disclosed BTC purchase lifted sentiment — markets reacted to reports that Strategy bought ~1,100+ BTC as BTC prices firmed, helping shares rally on renewed crypto optimism. Crypto Stocks Rally: Coinbase (COIN) Soars 18%, Strategy (MSTR) Gains 10%
• Positive Sentiment: Strategy accounted for the vast majority of corporate Bitcoin additions last month, underscoring its role as a dominant corporate accumulator and supporting the narrative of continued BTC-per-share growth. Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows
• Positive Sentiment: Analyst interest: a recent upgrade (Zacks → strong-buy) and positive coverage highlighting steady BTC-per-share growth have attracted buyers looking for leveraged Bitcoin exposure via MSTR. Zacks Research upgrade
• Neutral Sentiment: Management doubled down on accumulation — CEO statements confirm regular BTC purchases and a refusal to sell, which stabilizes the company’s strategy but keeps the stock tightly correlated with Bitcoin moves. Michael Saylor Says “We Will Not Be Selling” As Strategy (MSTR) Price Breaks Out
• Neutral Sentiment: Funding shift to preferred shares (STRC) to finance BTC buys — the move aims to attract yield‑focused capital (11%+ dividend) rather than issuing/selling common stock; investors are parsing the long‑term impact on dilution, liquidity and volatility. Strategy CEO eyes more preferred stock to fund Bitcoin buys
• Negative Sentiment: Q4 results included massive mark‑to‑market losses tied to Bitcoin that produced a large EPS loss despite revenue edging up — a reminder that earnings volatility will remain high and can pressure the stock when BTC dips. Strategy Inc, (MSTR) Swings to a Loss in Q4 due to Mark-to-Market Bitcoin Losses
• Negative Sentiment: Public criticism and downgrades increase headline risk — prominent short sellers and some analysts have criticized the preferred‑stock pitch and the heavy Bitcoin concentration, keeping sentiment fragile if BTC or credit conditions worsen. Strategy CEO Calls Bitcoin Sell-Off ‘Extremely Unlikely’… Seeking Alpha downgrade

Insider Activity

In related news, EVP Wei-Ming Shao sold 2,600 shares of Strategy stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total value of $525,252.00. Following the sale, the executive vice president directly owned 32,726 shares in the company, valued at approximately $6,611,306.52. The trade was a 7.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Jane A. Dietze bought 1,000 shares of Strategy stock in a transaction on Tuesday, January 20th. The shares were purchased at an average cost of $99.48 per share, with a total value of $99,480.00. Following the acquisition, the director directly owned 3,600 shares of the company’s stock, valued at approximately $358,128. The trade was a 38.46% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 7,112 shares of company stock worth $984,888 over the last 90 days. 8.46% of the stock is currently owned by company insiders.

Strategy Stock Performance

Shares of MSTR stock opened at $133.88 on Monday. The company has a market capitalization of $38.47 billion, a P/E ratio of -7.28 and a beta of 3.54. The business’s 50 day moving average is $157.25 and its two-hundred day moving average is $248.40. The company has a current ratio of 5.62, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. Strategy Inc has a 12-month low of $104.17 and a 12-month high of $457.22.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, February 5th. The software maker reported ($42.93) EPS for the quarter, missing analysts’ consensus estimates of $46.02 by ($88.95). Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. The business had revenue of $122.99 million during the quarter, compared to analysts’ expectations of $117.42 million. During the same quarter last year, the firm earned ($3.03) earnings per share. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.